Sen. Jeff Bingaman (D-N.M.), who is up for re-election in 2012, has just more than $500,000 on hand as of the end of the year, according to a financial report summary obtained by Roll Call.
The Senator’s one large fundraising event last year was held in September, and a big chunk of the money raised then trickled in during the fourth quarter of 2010. Bingaman reported raising about $215,000 from Oct. 1 to Dec. 31 and spending $221,000.
He has $510,000 in the bank at the start of the 2012 cycle. Bingaman has not yet announced whether he will run for a sixth term next year. He won 71 percent of the vote in his last election in 2006, which was a good year for Democrats nationwide. That year he spent $2.6 million — five times as much as his Republican opponent.
His next election could be far more challenging and costly if former Rep. Heather Wilson (R-N.M.) decides to run. She told Roll Call in early January that she was considering running for the Senate along with other opportunities.
Roll Call Politics rates this race Safe Democratic.